The global Radio Frequency (RF) components market is expected to reach USD 17.54 billion by 2022, according to a new study by Grand View Research, Inc. Growing adoption of consumer electronics including smartphones, tablets, notebooks, set top boxes and smart televisions is estimated to fuel industry growth over the next few years. Rising consumer disposable income particularly in developing countries like India and Brazil pared with overall improvement in global economy may elevate demand significantly. Technological advancements in the field of wireless communication and development in materials used for manufacturing RF components such as Silicon Germanium (SiGe) and Gallium Arsenide (GaAs) is also expected to drive industry growth.
http://www.grandviewresearch.com/industry-analysis/radio-frequency-rf-components-market
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